Market Statistics and Trends

Feb. 19, 2019

VIP Buyer 2019

 

You won't want to miss this. Your time is valuable - Come and go as needed we will be available from 6-8 to provide you what you need.

Jan. 24, 2019

Do You Prefer the Charm of an Existing Home?

Do You Prefer the Charm of an Existing Home? | MyKCM

When homebuyers begin their research, they want to see all their available options! In many cases, they will include both new construction and existing homes in their search; but is a new construction home really the house of their dreams?

According to a recent survey by Zillow, of the 38 ...

View More
Jan. 2, 2019

Where is the Housing Market Headed in 2019?

Where is the Housing Market Headed in 2019?

Where is the Housing Market Headed in 2019? [INFOGRAPHIC] | MyKCM

Some Highlights:

  • ­Interest rates are projected to increase steadily throughout 2019, but buyers will still be able to lock in a rate lower than their parents or grandparents did when they bought their homes!
  • Home prices will rise at a rate of ...
View More
Jan. 1, 2019

24 Hours that Suddenly Improved the Market

 

24 Hours that Suddenly Improved the Market | MyKCM

This year started strong for real estate, but then the market began to soften. Home inventory in the starter and move-up categories dwindled to almost nothing, mortgage rates were projected to rise, and home sales had decreased for several months in a row.

To many, the outlook heading into ...

View More
Dec. 26, 2018

Happy Holidays - We are here to help!

Thank You for All Your Support

Thank You for All Your Support | MyKCM
View More
Dec. 21, 2018

No Bubble Here!

How New Mortgage Standards Are Helping

No Bubble Here! How New Mortgage Standards Are Helping | MyKCM

Real estate is shifting to a more normal market; the days of national home appreciation topping 6% annually are over and inventories are increasing which is causing bidding wars to almost disappear. Some see these as signs that the market will soon come tumbling ...

View More
Dec. 14, 2018

Market Report for November 2018

 

 

November 2018 Market Overview

As of 11/30/18, there were 2,406 homes for sale in our market area.

339 homes sold during the month of November (11/1/18-11/30/18).  

This results in a 7.09 month inventory of homes.  This means if ...

View More
Dec. 11, 2018

The Tale of Two Markets

Dec. 6, 2018

Further Proof It’s NOT 2008 All Over Again

Further Proof It’s NOT 2008 All Over Again | MyKCM

Home sales numbers are leveling off, the rate of price appreciation has slowed to more historically normal averages, and inventory is finally increasing. We are headed into a more normal housing market.

However, some are seeing these adjustments as red flags and are suggesting that we are headed back to ...

View More
Nov. 23, 2018

Will Your Side Hustle Buy You a House This Year?

 

Will Your Side Hustle Buy You a House This Year? | MyKCM

The top concern for most first-time home buyers is their ability to save for a down payment. According to a new survey, 36% of millennials took on a second job to make their dreams of homeownership a reality in 2017.

Among millennials with incomes over $100,000 a year ...

View More